What’s been driving recent volatility in global clean tanker freight?
Commodities Focus
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Does Europe Really Have the Barrels?
How can europe make up for the net short inamdeasel supply? It's a really good question. The most obvious answer is import arbitrages, which were typically open from east of suez and also the us Gulf coast. But given the nature of the global distallate market being very tight, the arbitrage routes have been shift around quite a lot. So whilst arbitrages could definitely be a very credible source of supply, it will also come down to whether european refiners can produce more product.
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